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Differences of For-Profit and Nonprofit Clients

(Accounting Web) - Rules, regulations and tax implications can vary between for-profit and nonprofit businesses. Here are several that CPAs need to know.


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Advisors Urged To Act Before Tax Hammer Strikes 
(Financial Planner) - It's better to plan now in case recently unveiled tax proposals become law before year's end, the consultant said.

Lesson From The Tax Court: Failure To Understand Issue Preclusion May Trigger Sanctions 
(TaxProf Blog) - Some people just cannot take no for an answer. That is one of the reasons §6673 permits the Tax Court to impose a penalty of up to $25,000 on taxpayers who stubbornly present either frivolous or groundless arguments.

Estate Planning for Business Owners 
(CPA Practice Advisor) - Estate planning is often in the back of many people’s minds yet tends to be avoided due to the unsettling thoughts and fears regarding death. Nevertheless, estate planning is a necessity for anyone with children, a business, personal assets, or ...

Why the Fed Might Welcome a Bond Market Tantrum 
(Reuters) - A bond market tantrum that drives up yields can be a fearsome prospect for central banks but the U.S. Federal Reserve might just welcome a sell-off that lifts Treasury yields towards levels that better reflect the robust state of the economy.

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About AccountantsWorld

At AccountantsWorld, we value the crucial role that YOU play in core business services - accounting and payroll - just as much as you do.

That's why, since 2003, we've used the unprecedented power of the cloud to put you back in full control of your accounting and payroll services so you can best serve your clients, while raising your own firm's value and relevance. And we never sell our products or services directly to your clients.

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